Answer:
d. enumerated goods.
Explanation:
Enumerated goods were the colonial goods which were permitted to be exported only to limited locations.
The locations were generally
British colonies
Ireland
England
Berwick on Tweed
Wales
Scotland (After 1707)
The very first product which was enumerated in 1621 was tobacco.
It was enumerated by the order in council.
Answer:
WACC = [ ( Ke * Ve) + Kd(1 - tax rate) Vd]/ ( Ve + Vd)
Ve = $47.2 * 1,000 million = $47,200million
Vd = $10,329million
Kd = 13.03%
Tax rate = 35%
ke = 2% + 0.79(8% - 2%) = 6.74%
WACC = [( 6.74%*47,200) + 13.03%(1 - 0.35) 10329]/ (47200+10329)
= (3181.28 +874.815)/ 57529
= 0.070505 = 7.05%
Explanation:
Answer:
$0
Explanation:
Since the note requires Lawson Company to repay the principal and interest in equal annual payments of $22,315, both the principal and interest must have been fully paid after the final payment.
Therefore, the carrying amount on the note will be $0 after the final payment.
Answer:
Annual Yield = 34.08%
Explanation:
A treasury is a short-term financial instrument issued by a government with a maturity date of 365 days or less. It is issued for a value less than the its face value., therefore it is a discounted instrument.The face value is the amount that the investor will receive at the maturity of the bill.
To calculate the the effective annual yield of a bond; follow the steps below:
Step 1: Calculate the return earned for the investment period. This called the yield for the investment period. Note that the investment may be for less than 365 days depending on the number of days left to maturity when it was purchased.
(Face Value - Price)/Price × 100
= ((100-90)/90)× 100= 11.%
This helps to ascertained the return earned as a percentage of the amount invested.
Step 2: Calculate the annual effective rate. This is required to determine the equivalent return (yield) per annum should the investment be made for one year.
Annualized Yield= (Yield/Time period to maturity) × 365
= (11.11%/119) × 365
= 34.08%
Present Value of a Perpetuity = Annual Payment ÷ Discount Rate
=$40,000 ÷ 6.75
=$ 5925.92
Present inheritance = $5925.92
What does receiving an inheritance mean?
An inheritance is the collection of assets you might receive from a loved one when they pass away. It can include such things as: Cash. investment assets such as stocks or bonds. Real property, including land and real estate.
What is a beneficiary of an inheritance?
Beneficiary is the legal term for someone who will inherit assets from you, regardless of whether the asset has a beneficiary designation on it or not. Another commonly used term is heir, although in legal terms, this refers to the family members who inherit under state law from those who pass away without a will.
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